Judgment Granted For Guaranty Association In Bad Faith Suit Over Hurricane Damage

(May 13, 2024, 9:33 AM EDT) -- LAFAYETTE, Louisiana — A Louisiana federal judge granted the Louisiana Insurance Guaranty’s (LIGA) motion for summary judgment in a bad faith and breach of contract suit filed against a now-insolvent homeowners insurer over purported hurricane damage, finding that LIGA, which was substituted as a defendant for the insurer after it became insolvent, established that it was prejudiced by a lack of notice regarding the alleged damage....